Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
27,946
Exceptional opportunity to acquire a well-maintained 24-unit multifamily community in St. John. This property offers an idea unit mix consisting of 24 spacious 2-bedroom, 1-bathroom units. Each unit features a large living room, an eat-in kitchen, and two generously sized bedrooms, providing comfortable and functional layouts that appeal to long-term tenants. The units have been consistently maintained and the property is in great shape for the next buyer. The property also has washer and dryer hookups and additional storage in the basement for tenant use. Current rents are below market, presenting a clear value-add opportunity for the next investor to increase cash flow. With a strong history of rental demand and being fully occupied, 2-bedroom units and limited availability in this area, this asset offers both stability and upside potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.03
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$2,450,000
-
Tax Amount
$32,108
-
Sq. Footage
27, 946
-
Price/SqFt
$87
HOA
-
Association
No
School District
-
Elementary School
Marvin Elem.
-
Middle School
Ritenour Middle
-
High School
Ritenour Sr. High
Property Features
-
Ownership
Private
-
Senior Community YN
NO
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Location
County
St. Louis
Elementary School
Marvin Elem.
Middle School
Ritenour Middle
High School
Ritenour Sr. High
Listing Courtesy of James Anderson , Salient Realty Group, LLC
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